Overview
Capfin is a South African lender specializing in short-term personal loans, ideal for emergencies or small expenses. As of 2025, loans range from R1,000 to R50,000 with repayment terms of 6, 12, or 24 months. Interest is calculated daily with fixed rates, making it suitable for quick cash but potentially costly due to high monthly rates.
Loan Options
- Standard Personal Loan: Unsecured loans for any purpose, up to R50,000.
- No specific student or consolidation options: Focused on general short-term needs.
Eligibility
- Be a South African citizen or permanent resident with a valid ID.
- Age 18 or older.
- Permanently employed with a regular income.
- Have a valid cell phone number and a bank account with a supported bank (e.g., Absa, African Bank, Capitec, FNB, Nedbank, Standard Bank).
- Good credit history preferred, but they assess affordability.
Required Documents
- Valid South African ID.
- Latest 3 months’ payslips or bank statements (proof of income).
- Bank account details.
- Proof of residence may be required in some cases.
How to Apply
- Online: Visit www.capfin.co.za, enter your ID and details for an instant quote, upload documents, and submit.
- In-Store: At participating Pep or Ackermans stores; scan barcode or SMS your ID to 33005.
- USSD/SMS: Dial *120*5666# or *134*645#, or SMS “LOAN” to 30605. Approval is fast, often same-day, with funds deposited into your account upon acceptance.
Interest Rates and Fees
- Interest Rates: Fixed; 5% per month on first 6-month loan (equivalent to ~60% annual), 3% per month on subsequent loans (~36% annual). Overall 5%-28% per annum based on profile. Calculated daily on the outstanding balance.
- Fees: Initiation fee (up to R1,207.50 + VAT for larger loans), monthly service fee (around R60-R69). Credit life insurance may be included.
- No early settlement penalties mentioned.
Repayment Terms
- Periods: 6, 12, or 24 months, depending on affordability.
- Monthly debit orders on payday.
- Shorter terms reduce total interest paid.
For example (estimates at 5% monthly; use their calculator):
| Loan Amount |
Term |
Est. Monthly Repayment |
| R5,000 |
6 months |
~R950 |
| R20,000 |
12 months |
~R2,000 |
| R50,000 |
24 months |
~R3,000 |
Benefits
- Quick and easy application with multiple channels.
- No collateral required.
- Transparent fixed rates.
- Affiliated with retail stores for convenience.
Comparison with Other Lenders
Capfin is more of a short-term lender with higher rates compared to traditional banks, making it suitable for small, urgent needs but costlier over time. Here’s a comparison for personal loans in 2025:
| Lender |
Max Amount |
Interest Rates (Min-Max) |
Terms |
Min Income |
Unique Features |
Pros |
Cons |
| Capfin |
R50,000 |
36%-60% annual (3%-5% monthly) |
6-24 months |
Employed (no min specified) |
Retail store apply, quick payout |
Easy access, instant quotes |
High rates, short terms |
| African Bank |
R500,000 |
5%-28% |
7-72 months |
R3,000 |
Fixed 12% promo, tech add-ons |
Lower rates, longer terms |
Higher min income |
| Capitec |
R500,000 |
13%-29.25% |
12-84 months |
R3,000 |
High limits, self-employed OK |
Competitive, flexible |
Slightly higher min rate |
| FNB |
R360,000 |
17.25%-29% |
12-72 months |
R10,000 |
Payment breaks, insurance |
Rewards for clients |
Higher min income |
| Absa |
R350,000 |
13.75%-29.25% |
2-84 months |
R2,000 |
Rate beat guarantee |
Low min income |
Extra docs for non-clients |
| Standard Bank |
R300,000 |
15%-29% |
12-84 months |
R3,000 |
UCount rewards |
Digital app |
Tied to prime rate |
| Nedbank |
R400,000 |
11.5%-29.25% |
6-72 months |
R5,000 |
Greenbacks cashback |
Lowest min rate, rewards |
Higher min income |
Capfin is best for small, fast loans if you can’t access bank options, but banks like Nedbank or African Bank offer better rates for larger amounts. Always compare personalized quotes and consider total cost. For other options, explore Old Mutual.
For the latest details or to apply, visit www.capfin.co.za or contact them at 087 354 0000.
Uhlolojikelele
I-Capfin ingumbolekisi waseNingizimu Afrika ogxile ezimalini zomuntu siqobo zesikhathi esifushane, ezilungele izimo eziphuthumayo noma izindleko ezincane. Kusukela ngo-2025, izimali zisuka ku-R1,000 kuya ku-R50,000 ngemigomo yokukhokha yezinyanga ezi-6, 12, noma 24. Inzalo ibalwa nsuku zonke ngamanani alungisiwe, okuyenza ilungele imali esheshayo kodwa ibiza kakhulu ngenxa yamanani aphezulu enyangeni.
Izinketho Zokuboleka
- Isimali Somuntu Siqobo Esijwayelekile: Izimali ezingavikelekile zanoma iyiphi inhloso, kufikela ku-R50,000.
- Azikho izinketho ezithile zabafundi noma zokuhlanganisa: Igxile ezidingweni zesikhathi esifushane ezijwayelekile.
Ukufaneleka
- Yiba isakhamuzi saseNingizimu Afrika noma umhlali osemthethweni onomazisi osebenzayo.
- Iminyaka engu-18 noma ngaphezulu.
- Eqashwe ngokugcwele ngomholo ojwayelekile.
- Thola inombolo yeselula esebenzayo kanye ne-akhawunti yasebhange esekelwe ibhange (isib., Absa, African Bank, Capitec, FNB, Nedbank, Standard Bank).
- Umlando omuhle wezikweletu uyakhethwa, kodwa bahlola ukuthengeka.
Amadokhumenti Adingekayo
- Umazisi waseNingizimu Afrika osebenzayo.
- Amaphepha okuhola akamuva ezinyanga ezi-3 noma izitatimende zasebhange (ubufakazi bomholo).
- Imininingwane ye-akhawunti yasebhange.
- Ubufakazi bendawo yokuhlala bungadingeka kwezinye izimo.
Indlela Yokufaka Isicelo
- Ku-inthanethi: Vakashela www.capfin.co.za, faka umazisi wakho nemininingwane ukuze uthole isilinganiso esisheshayo, ulayishe amadokhumenti, bese uthumela.
- Esitolo: Ezitolo ezibamba iqhaza ze-Pep noma i-Ackermans; skena ibhakhowudi noma uthumele umazisi wakho nge-SMS ku-33005.
- USSD/SMS: Shayela *120*5666# noma *134*645#, noma uthumele “LOAN” ku-30605. Ukuvunyelwa kushesha, ngokuvamile kwenzeka ngosuku olufanayo, nezimali zifakwa ku-akhawunti yakho lapho kwamukelwa.
Amazinga Wenzalo kanye Nezimali
- Amazinga Wenzalo: Alungisiwe; 5% ngenyanga kwisimali sokuqala sezinyanga ezi-6 (okulingana ~60% ngonyaka), 3% ngenyanga ezimalini ezilandelayo (~36% ngonyaka). Ngokujwayelekile 5%-28% ngonyaka ngokusekelwe kuphrofayela. Kubalwa nsuku zonke kusukela kwebhalansi esele.
- Izimali: Imali yokuqalisa (kufikela ku-R1,207.50 + VAT yezimali ezinkulu), imali yesevisi yenyanga (cishe R60-R69). Umshwalense wezikweletu zempilo ungafakwa.
- Azikho izinhlawulo zokukhokha ngaphambi kwesikhathi ezishiwo.
Imigomo Yokukhokha
- Izikhathi: Izinyanga ezi-6, 12, noma 24, kuye ngokuthengeka.
- Izinkokhelo zenyanga nge-debit order ngosuku lokukhokha.
- Izikhathi ezifushane zinciphisa inzalo ephelele ekhokhwayo.
Isibonelo (izilinganiso ku-5% ngenyanga; sebenzisa ikalkhuletha yabo):
| Inani Lesimali |
Isikhathi |
Isilinganiso Sokukhokha Kwanyanga |
| R5,000 |
Izinyanga ezi-6 |
~R950 |
| R20,000 |
Izinyanga ezi-12 |
~R2,000 |
| R50,000 |
Izinyanga ezi-24 |
~R3,000 |
Izinzuzo
- Isicelo esisheshayo nesilula ngezindlela eziningi.
- Asikho isibambiso esidingekayo.
- Amazinga alungisiwe asobala.
- Ihlotshaniswa nezitolo zokudayisa ukuze kube lula.
Ukuqhathanisa Namanye Ababolekisi
I-Capfin ingumbolekisi wesikhathi esifushane onamanani aphezulu uma kuqhathaniswa namabhange avamile, okuyenza ilungele izidingo ezincane, eziphuthumayo kodwa ibize kakhulu ngokuhamba kwesikhathi. Nawa ukuqhathanisa kwezimali zomuntu siqobo zango-2025:
| Umbolekisi |
Inani Eliphezulu |
Amazinga Wenzalo (Encane-Ephezulu) |
Imigomo |
Umholo Omncane |
Izici Ezikhethekile |
Izinzuzo |
Ububi |
| Capfin |
R50,000 |
36%-60% ngonyaka (3%-5% ngenyanga) |
Izinyanga ezi-6-24 |
Eqashiwe (ayikho incane eshiwo) |
Faka isicelo esitolo, ukukhokha okusheshayo |
Ukufinyelela okulula, izilinganiso ezisheshayo |
Amazinga aphezulu, izikhathi ezifushane |
| African Bank |
R500,000 |
5%-28% |
Izinyanga ezi-7-72 |
R3,000 |
Iphromoshini elilungisiwe le-12%, izongezo ze-tech |
Amazinga aphansi, izikhathi ezinde |
Umholo omncane ophezulu |
| Capitec |
R500,000 |
13%-29.25% |
Izinyanga ezi-12-84 |
R3,000 |
Imikhawulo ephezulu, abazisebenzelayo kulungile |
Ancintisana, aguquguqukayo |
Inani elincane eliphansi kancane |
| FNB |
R360,000 |
17.25%-29% |
Izinyanga ezi-12-72 |
R10,000 |
Amakhefu okukhokha, umshwalense |
Imivuzo yamakhasimende |
Umholo omncane ophezulu |
| Absa |
R350,000 |
13.75%-29.25% |
Izinyanga ezi-2-84 |
R2,000 |
Isiqinisekiso sokushaya inani |
Umholo omncane ophansi |
Amadokhumenti engeziwe kwabangewona amakhasimende |
| Standard Bank |
R300,000 |
15%-29% |
Izinyanga ezi-12-84 |
R3,000 |
Imivuzo ye-UCount |
Uhlelo lwedijithali |
Ihlotshaniswa nenani eliyisisekelo |
| Nedbank |
R400,000 |
11.5%-29.25% |
Izinyanga ezi-6-72 |
R5,000 |
Ukubuyiselwa kwemali kwe-Greenbacks |
Inani elincane eliphansi kakhulu, imivuzo |
Umholo omncane ophezulu |
I-Capfin ilungele izimali ezincane, ezisheshayo uma ungakwazi ukufinyelela izinketho zamabhange, kodwa amabhange afana ne-Nedbank noma i-African Bank anikeza amanani angcono kwezimali ezinkulu. Qhathanisa izilinganiso ezenzelwe wena futhi ucabangele izindleko eziphelele. Ukuze uthole ezinye izinketho, hlola i-Old Mutual.
Ngezimininingwane zakamuva noma ukufaka isicelo, vakashela www.capfin.co.za noma uxhumane nabo ku-087 354 0000.
